Avance Gas sells Gaea LNG carrier
Published by David Rowlands,
Editor
LNG Industry,
Avance Gas Holding Ltd has released a statement claiming that it has agreed to sell its Gaea LNG carrier. The buyer’s identity has not been disclosed, but Avance claims that the vessel will be delivered and paid for in December 2016.
The sale proceeds correspond to the book value, and will generate approximately US$13.3 million in net cash proceeds, which will help further strengthen the company’s liquidity position.
Edited from press release by David Rowlands
Read the article online at: https://www.lngindustry.com/lng-shipping/16092016/avance-gas-sells-gaea-lng-carrier-3063/
You might also like
Seatrium secures FSRU conversion contract from Kinetics
Seatrium Ltd has announced the award of an FSRU conversion contract from Kinetics, an energy transition initiative by Karpowership.